Wednesday, January 15, 2003

Juniper Reports Quarterly Revenue of $155 Million, up 3%

Juniper Networks reported quarterly revenue of $155.3 million, compared with $151.0 million for the same period last year, an increase of 3%. Pro forma net income was $2.7 million or $0.01 per share. Actual net income for the quarter, including special charges, was $8.5 million or $0.02 per share. Juniper Networks said it is entering 2003 from "a position of improved confidence."http://www.juniper.netFor Q3 2002, Juniper reported revenues of $152 million and an actual net loss of $88 million, which includes amortization, restructuring charges...

Alcatel Integrates Cramer into OSS

Alcatel agreed to include Cramer's inventory software suite (Cramer4) as part of its Operation Support System (OSS). The integrated offering will provide wire-line and wireless carriers with a real-time record of available network resources at the physical, logical and service level. http://www.alcatel.com http://www.cramer....

BTI Photonics Raises $10.4 Million for its Optical Link System

BTI Photonics, a start-up based in Ottawa, Ontario, closed US$10.4 million in series B financing for its new optical transport link systems. BTI offers an Optical Link System that addresses the need for agile link capabilities in DWDM and CWDM networks. The company said its technology replaces older fixed link designs with a flexible, intelligent and fully integrated link system. The new funding was led by VenGrowth Capital Partners and included existing investors BCE Capital, Kodiak Venture Partners, Lucent Venture Partners, and Primaxis Technology...

Wi-Fi Alliance Certifies First 5 GHz IEEE 802.11a and Dual Band Products

The Wi-Fi Alliance announced the first certifications for 5 GHz 802.11a and dual band products. The certifications included a CardBus reference design board from Atheros Communications, a reference design access point from Atheros, the Cisco Aironet 1200 Series Access Point Model, the Cisco Aironet 5GHz WLAN Adapter Model, the Intel PRO/Wireless 5000 LAN CardBus Adapter, the Intermec MobileLAN Access Point Model, the Intersil Indigo Station Card, and the Proxim ORiNOCO 5GHz Kit. http://www.wi-fi....

Connexion by Boeing Selects XACCT Software for InFlight Service

Connexion by Boeing has adopted the XACCT Network-to-Business (N2B) platform for its mobile information service. Using the XACCT technology, airlines will be able to implement multiple pricing and billing options for their services based on duration, events, volume and quality of service. The XACCT software will be installed with onboard equipment and will interface with the onboard application or portal server and capture relevant data, including service usage and content for billing purposes. In addition, the XACCT software will also monitor...

Hotsip and i3 Collaborate on SIP and Presence-based Services

Hotsip AB, a developer of SIP (Session Initiation Protocol) and Presence based products for fixed and mobile networks, and i3 micro technology, a developer of IP-TV, video streaming and VoIP solutions, will co-package their products for resale to systems integrators and broadband service providers. The joint solution targets the convergence between telephony, media and Internet over broadband. Both companies are based in Sweden. http://www.i3micro.com http://www.hotsip....

Spain's Retecal Upgrades its IP/Optical Backbone with Nortel Networks

Nortel Networks announced the deployment of its Passport 8600 Routing Switches and OPTera Long Haul 1600 Optical Line System by Retecal, the cable telecom operator in Spain's Castilla-Leon region. Retecal is using the content intelligent capabilities of Nortel Networks Alteon Layer 4-7 Web Switching Module, integrated with Passport 8600, to accelerate Internet content access. Retecal is also using the Alteon Content Cache to improve content delivery on the information most frequently requested by end-users, which reduces traffic by off-loading...

LDCOM Builds Momentum for DSL in France

One month after announcing DSL equipment contracts, LDCOM has activated its 5,000th line in France. Resellers include Clara.net, Nerim, Oreka, Maiaah!, ICT, 9 Online, 9 Telecom, Futur Telecom, Alphalink and Infonet. Services are currently available in Paris, Lyon, Marseille, Nice, Bordeaux and Strasburg. Expansion to other cities in France is planned. LDCOM said it invested €50 million in its network in 2002 and plans a similar investment in 2003. http://www.ldcom.frLDCOM recently named Marconi as a key partner for its xDSL rollout in France....

Level 3 Supplies Wholesale IP Transit to Claranet

Level 3 Communications was selected to provide Internet access service in London, Frankfurt and Paris to Claranet, one of the largest ISPs in Europe. Claranet serves more than one million residential and business customers throughout the UK, France, Germany and Spain. Level 3 will supply its wholesale IP transit service. http://www.Level3....

Bell Canada Orders Lucent's AnyMedia Access for DSL Expansion

Lucent Technologies was awarded a multi-year contract to supply broadband access equipment in Bell Canada's networks. The deal includes the deployment of Lucent's AnyMedia Access System to enable Bell Canada to expand the availability of its DSL service and wireline voice networks throughout Ontario and Quebec. Financial terms were not disclosed. http://www.lucent....

telcoBlue Launches Dial Tone Via the Internet to Corporate Accounts

telcoBlue, a start-up VoIP carrier based in San Francisco, introduced a dial tone service for corporate accounts that promises significantly lower per minute charges than is possible over conventional long distance networks. telcoBlue supplies a multi-port Cisco ATA adapter that allows standard analog telephones and fax machines to connect to existing cable or DSL modems. Calls are then carried over telcoBlues's Internet Voice Network (IVN) without requiring any code entries, access numbers, or special instructions. Customers meeting certain...

Metromedia Fiber Network Launches GigE over Fiber Service

Metromedia Fiber Network announced a new Gigabit Ethernet service that runs over a private, direct fiber connection. MFN uses a pair of dedicated fiber strands to assure transport security. The company said its GigE service is designed to absorb usage bursts without latency to give customers the capability to meet high-bandwidth demands for mission critical, content-intensive and streaming media applications. Target customers include businesses currently using DS-3s or multiple T-1s. http://www.mfn.comOn May 20, 2002, Metromedia Fiber Network...

BT Ignite Launches 2.5 Gbps Enterprise Service

BT Ignite has launched a 2.5 Gbps service in the UK using ADVA Optical Networking's Fiber Service Platform (FSP) 2000. BT Ignite's new 2.5 Gigabit WaveStream Connect service is targeted at enterprises with high-bandwidth requirements and heavy data traffic for LAN and SAN applications over their networks. ADVA's FSP 2000 employs parallel use of coarse WDM and TDM technology to enable up to 256 applications to be transported over a single fiber pair. Newly released features for the FSP 2000 include a universal card and small form pluggable (SFP)...

Hanaro Telecom Terminates Agreement to Acquire Korea Thrunet

Hanaro Telecom, the second largest fixed-line carrier in Korea, has unilaterally terminated an agreement to acquire Korea Thrunet's outstanding common shares from Trigem Computer, Naray and their 6 affiliates. Korea Thrunet is a major provider of broadband Internet access services in Korea with 1,301,620 paying end-users as of 31-December-2002. On January 3, 2003, approximately 32% of Thrunet common stock was acquired by Hanaro and Hanaro issued convertible bonds to Trigem, Naray and their affiliates. In a statement, Thrunet said it had supported...

XO Emerges from Chapter 11, Eliminating $4.6 Billion in Debt

XO Communications emerged from Chapter 11 bankruptcy protection with its long-term debt reduced from $5.1 billion to $500 million provided through a new credit facility. The company will not be required to pay cash interest on this debt until XO achieves specific financial targets. Financier Carl Icahn has assumed the role of Chairman of the Board, and companies under his control hold more than 80% of the stock in the reorganized XO. Creditors hold the remaining shares. Icahn said that XO is poised for continued growth from new customers and...